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Required Information The following information applies to the questions displayed below] At December 31, Hawke Company reports the following results for its calendar year.
Required Information The following information applies to the questions displayed below] At December 31, Hawke Company reports the following results for its calendar year. Cash sales Credit sales $ 400,000 $ 1,000,000 In addition, its unadjusted trial balance includes the following items. Accounts receivable. Allowance for doubtful accounts $900,000 debit $ 7,200 debit 3. An aging analysis estimates that 4% of year-end accounts receivable are uncollectible. Show how Accounts Receivable and the Allowance for Doubtful Accounts appear on its December 31 balance sheet Current assets.
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